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NESTLE INDIA -- A 9 MONTH LONG CONSOLIDATION BREAKOUT Nestle India Ltd. a nine month long consolidation breakout to keep on radar 1. RSI on all time frames above 60 2. Narrowing Bollinger Bands on Weekly chart 3. ABCD pattern under formation on weekly chart 4. Price walking on upper Bollinger Band 5. Rise in price with rising volume Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
NSE:NESTLEINDLong
by purisonshuf
POLYCAB LTD -- CONSOLIDATING WILL IT BREAKOUT ?Polycab India Ltd. is an interesting chart with following 1. RSI on all time frames (DWM) above 60 2. Narrowing Bollinger Bands on Weekly chart 3. Price breakout from 4 month long price consolidation in a range on daily chart.. Breakout with volume 4. ABCD pattern under formation on weekly chart 5. Major Price support 20 day SMA/ 20 Week SMA at 6705 to 6710 levels and 50 DMA at 6666 levels. FUNDAMENTALS Company is almost debt free. Company has delivered good profit growth of 28.1% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 24.0% lets see How it evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
NSE:POLYCABLong
by purisonshuf
30 Sep 2024 - Bank Nifty Predictions (Next Trading Day)Based on the provided charts for the Nifty Bank Index, here are the specific insights and analysis: 1. Index Chart and Time Frames Index: Nifty Bank Index Date: September 27, 2024 Time Frames: Daily (1D) 5-Minute (5M) Weekly (1W) Monthly (1M) 2. Support and Resistance Levels for Next Trading Day Support Levels: First Support: 53,763.20 Second Support: 53,500.00 (approx) Resistance Levels: First Resistance: 54,000.00 Second Resistance: 54,467.35 (previous high) 3. Scenario for Next Trading Day Market Opening Likely to open flat to slightly gap down due to recent bearish sentiment . Market Trend Expected to be bearish initially, possibly turning range-bound as the day progresses. Timing Initial bearish movement expected in the first hour, followed by potential stabilization. 4. Options Strategies for Next Trading Day Recommended Strategies: Bear Put Spread: Buy a put option at 54,000 and sell a put option at 53,500 to capitalize on a bearish move. Long Put: Buy a put option at 53,800 for downside protection. 5a. Calendar Spread Strategy Strikes for Calendar Spread: Daily: Sell 54,000 Call, Buy 54,500 Call Weekly: Sell 54,000 Call, Buy 54,500 Call Monthly: Sell 54,500 Call, Buy 55,000 Call 5b. Daily, Weekly, and Monthly Trends Daily Bearish Recent price action shows selling pressure. Weekly Bullish Overall trend remains upward, but short-term bearish. Monthly Bullish Long-term trend is still positive, but recent corrections noted. 6. Trading Recommendations for ATM, ITM, OTM ATM Trade Best for quick profits, especially in volatile conditions. ITM Don't Trade Higher risk; avoid unless confident in direction. OTM Trade Good for speculative plays, but with caution. Better Not to Trade Avoid trading on days with high uncertainty or low volume. This analysis is based solely on the provided charts and does not consider external market conditions. Always ensure to manage risk appropriately. Disclaimer: Do Manage your Risk and Money management, Do not Forget to PUT STOP LOSS.
NSE:BANKNIFTY
by JayeshBoradia
5
27Sep2024 - Bank Nifty Predictions (Next Trading Day)1. Index Chart, Date, and Time Frames Index: Nifty Bank Index Date: September 26, 2024 Time Frames: Weekly (1W) Daily (1D) 5-Minute (5M) Monthly (1M) 2. Support and Resistance Levels Support Levels: Daily Chart: Approximately 54,000 (recent low) Weekly Chart: Approximately 53,500 (previous support) Resistance Levels: Daily Chart: Approximately 54,467.35 (recent high) Weekly Chart: Approximately 54,500 (psychological level) 3. Expected Market Scenario for Next Trading Day Market Opening Likely to open flat to slight gap up Expected Behavior Bullish initially, then potentially range-bound as profit booking may occur 4. Options Strategies for Next Trading Day Recommended Strategies: Buy Call Options at 54,500 strike (if bullish) Sell Put Options at 54,000 strike (to capitalize on support) 5. Calendar Spread Strategy Ideal Strikes: Daily: Buy 54,500 Call, Sell 54,600 Call Weekly: Buy 54,000 Put, Sell 54,100 Put Monthly: Buy 53,500 Put, Sell 54,000 Put 6. Trading Recommendations for ATM, ITM, and OTM ATM Trade Morning session ITM Trade Early afternoon OTM Don't Trade Late afternoon Summary The Nifty Bank Index shows a bullish trend with potential for a slight gap up at the market open. Key support and resistance levels are identified, and specific options strategies are recommended based on the analysis of the charts. Disclaimer: Do Manage your Risk and Money management, Do not Forget to PUT STOP LOSS. If you have any further questions or need additional insights, feel free to comment below.
NSE:BANKNIFTY
by JayeshBoradia
Silver Turns Bullish with Trendline breakoutMCX:SILVERM1! Date: 24/09/2024 Time Frame: Daily Study for Swing trade A trendline breakout occurs when the price of an asset breaks through a trendline, which is drawn to connect successive highs or lows in a price chart. In the case of Silver Mini, a bullish trendline breakout suggests that the price has surpassed a downward trendline, indicating the end of the correction phase and a potential upward move. Technical indication as per today's candle is Bullish which may change in future as per market dynamics. Market Sentiment and Fundamentals Global Macroeconomic Factors: Silver is sensitive to changes in the global economy, especially factors like inflation, interest rates, and USD strength. A dovish Federal Reserve (lower interest rates) typically benefits precious metals like silver. A bullish breakout in Silver Mini could be supported by weakening USD or rising inflation expectations. Industrial Demand: Since silver is heavily used in industrial applications (e.g., electronics, solar panels), increased demand from these sectors can boost prices. Checking global demand trends can further confirm the bullish sentiment for swing trades. Conclusion A trendline breakout in Silver Mini with a bullish bias is a strong technical signal for a swing trade
MCX:SILVERM1!Long
by FALGUN_ARMY
1
Force Motors: A Technical and Fundamental Play in Demand ZoneWelcome traders! Today, we're diving deep into Force Motors, a stock currently sitting in a significant demand zone. Let’s break down the technical and fundamental aspects that make this stock an interesting opportunity. Monthly and Weekly Demand Zones: When we look at the monthly chart , Force Motors is currently trading in a strong Rally Base Rally (RBR) demand zone . This zone is a crucial area where price often finds support and can lead to a bounce back. If we zoom into the weekly chart , we notice that the price has already reacted from a weekly RBR demand zone nested inside the monthly zone. Last week’s candle formation is notable because it’s an absorption candle , indicating that the selling pressure has been taken over by buyers. 📊 Volume Analysis: The presence of large green volume bars compared to smaller red bars further suggests that the selling is minimal, showing a clear sign of strength. The price is currently in a healthy pullback from its all-time high, which often provides a great buying opportunity for savvy traders. 🧠 Fundamental Strength: A Company on the Rise 💪 Force Motors is not just looking good technically; its fundamentals are also rock solid. The company's Piotroski F-score is 9, indicating strong financial health. This score assesses several financial criteria, including profitability, leverage, and operating efficiency, confirming that the company is fundamentally sound. Recent quarterly (June 2024) numbers are impressive: Net Sales: Rs 1,884.90 crore in June 2024, up 26.71% from June 2023. Net Profit: Rs. 115.70 crore in June 2024, up 68.76% from June 2023. EBITDA: Rs. 264.13 crore, up 37.52% from June 2023. EPS: Increased to Rs. 87.81 from Rs. 52.04 in June 2023. These numbers reflect not just growth but also consistent performance. Such fundamentals often provide a safety net for technical setups, adding an extra layer of confidence. 🔍 Institutional Interest: The Big Players Are Watching 👀 We always like to see where institutional money is flowing because it often moves the market. For Force Motors, the institutional investment data is promising: FII/FPI holdings have increased from 6.34% to 7.78% in the June 2024 quarter. Number of FII/FPI investors rose from 124 to 160. Institutional Investors’ holdings jumped from 7.20% to 8.80%. This surge in institutional interest tells us that the big players are finding value in Force Motors at these levels. Their buying can lead to further price appreciation as they tend to have a long-term view. The current price is trading in area where institutions have increased their stakes most probably, indicating that these monthly and weekly demand zones are genuine footprints of smart money. This means we are aligning our trades with institutional players. The likelihood of the price falling from this area is quite low because institutions typically protect their positions. These demand zones suggest that there may be pending or unfilled buy orders from smart money, so entering a trade here means we are trading alongside these big players. 💡 Trade Setup: A Clear Plan for Traders 🗺️ Based on the technical and fundamental analysis, here’s a potential trade setup: Entry: You can consider buying at the current price level, which is within the strong demand zone. Stop Loss: Place your SL below the demand zone or, if you don't want to take big risk, just keep SL below last week’s candle low with a buffer. Target: Aim for at least a 1:2 risk-reward ratio. You can ride the rally by trailing your stop-loss, ensuring you lock in gains as the stock moves in your favor ⚠️ A Word of Caution: Always Manage Your Risk Trading is about probabilities, not certainties. Even the best setups can fail, so always manage your risk. This analysis is for educational purposes only. I'm not a SEBI registered analyst, and you should do your own research before making any trading decisions. 🔥 Keep Trading and Keep Growing! 📈💪 "Success in trading is not about being right, but about managing your risk and emotions." 💡 Thank you for your support, likes, and comments. Feel free to ask any questions! Your interaction keeps me motivated to share more valuable insights. Happy trading, and may the markets be ever in your favor! 🎯🚀
NSE:FORCEMOTLong
by AfnanTAjuddin
2
ZM Long from price 59ZM is looking perfect on the weekly chart. Target is huge and will surprise any day by showing a gap up of 30% in the coming trading sessions. Wait for price to test 59 and hold for long target short term will be 86 Long term target one can trail keeping a 2% low on weekly closure low. Long term target price will pause around 100 on crossing with good candle above 125 target expected is 260. Sl for short and long term from the above price will be 53 or trail on upside movement.
CAPITALCOM:ZMLong
by darshan220781
17 Sep 2024 Bank Nifty Predictions (Next Trading Day)Support and Resistance Levels Support Levels: 51,872 - This is the low of the 5-minute chart for today. 51,600 - A previous support level observed on the daily chart. Resistance Levels: 52,400 - The current level where the price is hovering, acting as immediate resistance. 52,800 - A previous resistance level observed on the daily chart. Market Scenario for the Next Trading Day Opening Slight Gap Up Based on the current trend and momentum, a slight gap up is expected. Morning Bullish The market is likely to continue the bullish momentum from the previous day. Midday Range-bound After the initial bullish move, the market may consolidate and trade within a range. Afternoon Start Bullish, then Range-bound The market may attempt another bullish move but is likely to face resistance and trade within a range. Options Strategies and Strikes As an options buyer, the following strategies and strikes could be effective for the next trading day: Bull Call Spread: Buy 52,200 CE Sell 52,400 CE This strategy will benefit from a moderate bullish move and limits the risk. Long Call: Buy 52,200 CE This strategy will benefit from a strong bullish move. However, it carries higher risk if the market does not move as expected. Straddle: Buy 52,200 CE Buy 52,200 PE This strategy will benefit from a significant move in either direction. It is suitable if you expect high volatility. Summary Support Levels: 51,872, 51,600 Resistance Levels: 52,400, 52,800 Expected Market Scenario: Opening: Slight Gap Up Morning: Bullish Midday: Range-bound Afternoon: Start Bullish, then Range-bound Options Strategies: Bull Call Spread (52,200 CE - 52,400 CE) Long Call (52,200 CE) Straddle (52,200 CE and 52,200 PE) This analysis is based purely on the 5 minutes and Daily Bank Nifty charts and does not consider external market factors. Adjust your strategies accordingly as the market evolves.
NSE:BANKNIFTY
by JayeshBoradia
Smart Money Footprints in KIRLOSBROS: Key Demand ZoneHave you ever wondered where the big players, like mutual funds and foreign institutional investors (FIIs), are placing their bets? Spotting these "smart money" moves can provide incredible trading opportunities. In this analysis, we'll walk through the June 2024 quarter smart money movement in Kirloskar Brothers Ltd. and how you can use demand zones to potentially ride the wave alongside them. What is Smart Money? Smart money refers to institutional investors who have the expertise and resources to analyze market data on a deep level. They usually make moves based on significant market events. In the case of Kirloskar Brothers, mutual funds have increased their holdings from 7.67% to 7.92%, while FIIs raised their stake from 4.11% to 5.03% in the June 2024 quarter. The number of FIIs also rose, indicating growing interest. 🌍 Why Should You Care? When institutional investors increase their positions, it's often seen as a sign of confidence in the company's future performance. But how can you ride these moves as a trader? The answer lies in the demand zones, which are the footprints of smart money. What Are Demand Zones? Demand zones are areas where buying pressure has overwhelmed selling pressure, causing prices to rise. For Kirloskar Brothers Ltd., the stock is currently trading inside a weekly demand zone and has already reacted to a daily demand zone . If you check the chart, you'll notice that the daily demand zone is nested within the weekly demand zone, increasing the significance of this area. When different demand zones from various time frames align, it makes the trade more reliable. How to Plan Your Trade Entry: You can look for a buy signal near the daily demand zone. Stop Loss (SL): Place your SL just below the daily demand zone, with a small buffer. Target: Aim for a minimum of 1:2 Risk to Reward (RR) ratio. Until this target is hit, there are no significant supply zones on the daily and weekly time frames, making this an attractive trade setup. 🔥 Final Thoughts Smart money leaves clues, and demand zones are often the footprints they leave behind. If you're new to trading, using these zones to guide your trades can offer a structured and informed approach to the markets. Remember, this is a study-based analysis and is for educational purposes only. Always conduct your own research before making any trade, and note that I’m not a SEBI registered analyst. 📊 Keep learning, keep growing! "Trading is like building muscle. The more disciplined you are, the stronger you become!" Thanks for your support, your likes & comments!
NSE:KIRLOSBROSLong
by AfnanTAjuddin
16 Sep 2024 - Bank Nifty Predictions (next Trading Day)1. Support and Resistance Levels for the Next Trading Day: Daily Chart: Resistance is around 52,000 (close to the high of today's candle). This zone may act as an immediate hurdle if the price opens near this level. Support is near 51,500-51,600. If the price pulls back, this level could provide support based on previous price actions. 5-Minute Chart: Short-term resistance is at 51,950-51,990 (today's high). Short-term support can be identified around 51,800, and below that at 51,635 (low of the day). 2. Next Trading Day Scenario: Based on today's price action and momentum from the 5-minute and daily charts: Opening: Likely to open flat or slightly gap up, around 52,000 levels, based on the current upward momentum. Market Condition: Morning Session (9:15 AM – 11:30 AM): Likely to open bullish, testing the 52,000 resistance. Mid-day Session (11:30 AM – 2:00 PM): If unable to break 52,000 convincingly, expect range-bound movement between 51,800 and 51,950. Afternoon Session (2:00 PM – 3:30 PM): May test higher levels if 52,000 breaks; otherwise, it may consolidate. Time Condition Comment 9:15 AM-11:30 AM Bullish Test of 52,000 resistance, likely a breakout attempt 11:30 AM-2:00 PM Range-bound Between 51,800-52,000 if no breakout happens 2:00 PM-3:30 PM Bullish/Range-bound If 52,000 breaks, further upward move possible 3. Option Strategy and Strike Selection for Next Trading Day: Strategy as an Option Buyer: If the market opens slightly gap up or flat and tests 52,000 resistance early in the session: Buy Call Option 52,000 CE or 52,100 CE if the breakout above 52,000 is confirmed. Use a strict stop loss near 51,800 to protect against any sudden reversals. In case the price gets rejected from 52,000: Buy Put Option 51,900 PE if the rejection is strong and the price shows signs of falling below 51,800. Target for the downside would be near 51,600. Best Strikes to Consider (based on expected moves): Call Option: 52,000 CE or 52,100 CE for bullish moves above 52,000. Put Option: 51,900 PE for bearish rejection below 52,000 and targeting 51,600. Conclusion: Based on the current setup, 52,000 is a key level for the next trading day. Bullish move expected in the first session with a potential breakout. If the breakout fails, be prepared for a range-bound scenario and adjust strategies accordingly. I hope this gives you a clear and specific idea of what to expect! Let me know if you need any more analysis or support. Disclaimer: Do Manager your Risk and Money management, Do not Forget to PUT STOP LOSS.
NSE:BANKNIFTY
by JayeshBoradia
bandhan bank a consolidation under breakout will it succeed ?Bandhan Bank Ltd. is an interesting chart to keep on radar 1. Price formed base in its 6 month long consolidation 2. BAT pattern under formation on weekly chart 3. Narrowing Bollinger Bands on daily and weekly chart 4. Price getting ready to breakout of its consolidation and walk on upper Bollinger bands on daily chart 5. Minor resistance near 208-210 zone Will it breakout and reach point 'D' ? or Will it continue its consolidation ? Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
NSE:BANDHANBNKLong
by purisonshuf